200 W Lola Drive

Austin, TX 78753
$750,000
2916 sqft | 0.17 acres | #6162926

Description

$5,050 in monthly rents. 100% Occupied with long term Tenants; 6yrs - 15 yrs. Tenants pay rent thru the Zelle app. 2012, new metal roof-tornado, insurance. Each unit's flooring is ceramic tile, with no carpeting. Three units have new HVAC units installed in 2019. One unit has a new HVAC installed in 2017. All units have new water heaters installed in 2019. The property is surrounded by a new 6-foot picket fence, installed in 2022. Each unit is assigned storage rooms, in adjacent wings outside of the main building. All units have new double-pane, double-hung windows installed in 2019. New cement-board siding was installed in 2019. A concrete parking lot on the premises has space for 10 vehicles. Each unit is assigned at least two parking spaces. Two second-floor units are accessed by outside covered staircases, newly installed in 2022. At closing, seller will provide names of contractors who are already familiar with the building and residence. ie: insurance company, lawn & tree care service, air conditioner & water heater maintenance-installed and serviced by AWESOME local company. Three properties available, separate or as a package: 8616 Putnam, MLS: 4784058 9007 Quail Valley,MLS: 6126992 200 W. Lola, MLS: 6162926
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  • Property Details
      • Lot description:Level
      • Exterior materials:Rain Gutters
      • Acres:0.1717
      • Square Feet:2916
      • Property type:Multi-Family
      • Year built:1983
      • Foundation:Slab
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Electricity Available, Natural Gas Available, Phone Available
      • Subdivision:Pomegranate Place
      • School district:Austin ISD
      • Elementary School:Brown
      • Middle School:Webb
      • High School:Navarro Early College
      • County:Travis
      • Original List Price:$750, 000
      • Days on Market (Cumulative):30
      • Taxes annual:$10, 027
      • MLS #:6162926
      • Cost:750000
      • Property subtype:Quadruplex
      • MLS #:6162926
      • Property condition:Resale

Location

Connie PattersonReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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